What’s up: The fake-out yesterday established new targets for $HARD$. Now is actually a good time to enter, but I want to get in even cheaper at the 78.6% Fibonacci Retracement level [0.1966]. If this plays out, I anticipate 35% - 63% profit.
1. Supply & Demand Theories 2. Price Momentum 3. Fibonacci Retracements & Extensions SR Zones 4. Trendline Breakout 5. RSI Movement Strengths
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$HARD$: Bullish 🐂 [Extended Analysis]
What’s up: The fake-out yesterday established new targets for $HARD$. Now is actually a good time to enter, but I want to get in even cheaper at the 78.6% Fibonacci Retracement level [0.1966]. If this plays out, I anticipate 35% - 63% profit.
The Medium-Term Play: 1-2 months
4.16-to-1 PL Ratio.
Entry: 0.1984; Target: 0.3227; SL: 0.1685.
Hourly Resistance Zones
1. 0.2148 - 0.2175
2. 0.2265 - 0.2320
3. 0.2388 - 0.2422
Hourly Support Zones
1. 0.2042- 0.2022
2. 0.1966 - 0.1873
3. 0.1837 - 0.1785
TA Methodologies:
1. Supply & Demand Theories
2. Price Momentum
3. Fibonacci Retracements & Extensions SR Zones
4. Trendline Breakout
5. RSI Movement Strengths